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do they still exist in california? will california finally understand reality? >> we know california is it a very liberal state. heavily democratic. in 2008 president obama won that state by 24 points. his margin of victory could be thinner this time? ah, but californians are likely to vote to raise their own taxes again, the latest poll shows 48% show tax increases, 38% oppose. joining us now is tom del bacarro. he's the head of the california republican party i'm told it does exist. i'm sorry, tom, i know you should be facetious like this. >> stuart, we keep going over this, we've turned down the last eight state-wide tax increases. stuart: air not going to turn this down. this time you're going to raise taxes and the state is bankrupt, hemorrhaging jobs. you guys in california, i'm not blaming you, but your party is virtually irrelevant in the state of california. >> we've turned down eight straight state-wide tax increases and this is going to be the 9th and turned down a tobacco tax in june and the poll we call the left field bol. that estimates constantly
do they still exist in california? will california finally understand reality? >> we know california is it a very liberal state. heavily democratic. in 2008 president obama won that state by 24 points. his margin of victory could be thinner this time? ah, but californians are likely to vote to raise their own taxes again, the latest poll shows 48% show tax increases, 38% oppose. joining us now is tom del bacarro. he's the head of the california republican party i'm told it does exist. i'm...
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for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a lot of supply on the market? because even though a lot of people feel we've seen the worse, we're just bumping along the bottom with housing. what is it going to take to get this needle moving? >> it's both. supply and mortgage products. we've had some of the most prestriktive products we've had in years. it's relative. it's really returning back to where it was as far as mortgage products were concerned. we're turning back to the products we used to have when we had a healthy economy but we don't have products that really fuel the excess growth. a lot of people feel we need that, given the inventor
for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a...
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let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't buy, don't buy. rick in georgia. rick. >> caller: jimbo. align technologies. >> the other day i said i missed that, it's probably not too late. it was too late. and i'm going to say don't buy, don't buy. steve in michigan. >> caller: boo-yah, mr. cramer. mgm, what do you think? >> no, man. i got enough trouble with nguyen. i don't need to go down the food chain. let's go to prakash in illinois. >> caller: boo-yah, mr. cramer! aui, your favorite company. >> it is. it's a great gold growth stock and it has done far better. remember, you got to be careful. the price of gold coming down a lot. i'm go
let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't...
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you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the year, let's say? maybe not this week but between now and the end of the year under a reelected president obama or under a newly elected mitt romney? >> well, i think under reelected president obama, i would expect to see volatility increase especially as it relates around the fiscal cliff. we need to see them come together, divided government needs to work together. they have not worked together very well over the past couple years so the markets will take a wait and see approach and there's a good chance there will be fighting and brinkmanship until the last second for the fiscal cliff. republican sweep it's more likel
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the...
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he was on the run for close to 40 years until police caught him last year in california. >>> accused of helping the former butler steel secret documents. the man was work as a computer technician for the vatican when he allegedly helped the butler steal the documents. last month, the butler received an 18-month prison sentence. the computer technician is facing charges of aiding and abetting the crimes. >> nasa says all systems are go for a rocket launch this week. the ten-foot tall rocket is set to launch between 6:00 a.m. and 9:00 a.m. wednesday from the flight facility in virginia. if you live near that facility, you may be able to see it. if the launch is delayed because of weather, nasa will try again thursday. >>> the international space station has had an astronaut on board every single day for the past 12 years. what an accomplishment. to celebrate, nasa has launched a new app to help you keep tabbs on it. it's called spot the station. it will e-mail or text you when the iss is passing over your location. it looks like a bright star moving across the sky at a steady pace. it'
he was on the run for close to 40 years until police caught him last year in california. >>> accused of helping the former butler steel secret documents. the man was work as a computer technician for the vatican when he allegedly helped the butler steal the documents. last month, the butler received an 18-month prison sentence. the computer technician is facing charges of aiding and abetting the crimes. >> nasa says all systems are go for a rocket launch this week. the ten-foot...
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. >> could you see sunday about california? we have had a big shake-up there. >> some are republican on republican and democrat on democrat, where they are spending huge sums of money. as the chairman, it is always a tough race. that is something -- it comes late and we want to make sure we do not get our clock cleaned. i would get nervous about california. >> i always pointed out to my friends that my own state does believe in a referendum or recall. we do not have term limits. >> the redistricting commission was ok. i have become much more sympathetic to a bipartisan redistricting. even if one of those gets over 50%, the top to have to run in the general election. it makes no sense to me and the california system -- >> i like the system because it forces basically candidate to talk to everybody and not just to a narrow slice of the electorate. it makes for better governance. >> it will serve as heads of your congressional campaign committees for your respective parties and you have alluded to the way things have changed since
. >> could you see sunday about california? we have had a big shake-up there. >> some are republican on republican and democrat on democrat, where they are spending huge sums of money. as the chairman, it is always a tough race. that is something -- it comes late and we want to make sure we do not get our clock cleaned. i would get nervous about california. >> i always pointed out to my friends that my own state does believe in a referendum or recall. we do not have term...
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city leaders say the parade is the biggest in northern california with 2700 participants and 6,000 spectators. marching bands, helicopters and plenty of veterans made a special day unforgettable. >>> still to come on ac7 news at 11:00, the massive construction project designed to secure the safety of your drinking water. how it works coming up in tonight's assignment 7 report. and an unusual use for a lot of spare change. how one woman put all of her pennies to work for her. and we will look at the national and state travel map. if you are taking to the skies tomorrow, we will talk about our accu-weather seven-day >>> there is a massive construction project underway to secure the safety of the region's water supply. part of that project includes digging a massive hole in newark. abc7 news anchor dan ashley has the assignment 7 report. >> nearly nine stories below sea level they are shoring up the massive hole. the shaft will provide millions of people in the bay area with fresh, clean water. digging this hole in unstable mud and water presented the project engineers with challenges. how do th
city leaders say the parade is the biggest in northern california with 2700 participants and 6,000 spectators. marching bands, helicopters and plenty of veterans made a special day unforgettable. >>> still to come on ac7 news at 11:00, the massive construction project designed to secure the safety of your drinking water. how it works coming up in tonight's assignment 7 report. and an unusual use for a lot of spare change. how one woman put all of her pennies to work for her. and we...
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city leaders say the parade is the biggest in northern california with 2700 participants and 6,000 spectators. marching bands, helicopters and plenty of veterans made a special day unforgettable. >>> still to come on ac7 news at 11:00, the massive construction project designed to secure the safety of your drinking water. how it works coming up in tonight's assignment 7 report. and an unusual use for a lot of spare change. how one woman put all of her pennies to work for her. and we will look at the national and state travel map. if you are taking to the skies tomorrow, we will talk about our accu-weather seven-day >>> there is a massive construction project underway to secure the safety of the region's water supply. part of that project includes digging a massive hole in newark. abc7 news anchor dan ashley has the assignment 7 report. >> nearly nine stories below sea level they are shoring up the massive hole. the shaft will provide millions of people in the bay area with fresh, clean water. digging this hole in unstable mud and water presented the project engineers with challenges. how do th
city leaders say the parade is the biggest in northern california with 2700 participants and 6,000 spectators. marching bands, helicopters and plenty of veterans made a special day unforgettable. >>> still to come on ac7 news at 11:00, the massive construction project designed to secure the safety of your drinking water. how it works coming up in tonight's assignment 7 report. and an unusual use for a lot of spare change. how one woman put all of her pennies to work for her. and we...
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> just saw opening bell for monday, november 5th here at the big board. a military veteran forum for human resources being held. the food bank for new york city so obviously two groups very involved with hel
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing...